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Firms usually internalize those value-chain activities they consider part of their core competencies.
Special Journal
A ledger used in accounting to record and categorize similar types of transactions for efficiency.
Special Journal
A specialized accounting journal dedicated to recording a specific type of transaction, such as sales or purchases, for efficiency.
Total Individually
Calculating or assessing each item on its own, then summing them up for a total figure, often used in accounting or inventory management.
Sales Journal
A dedicated bookkeeping ledger designed for noting every credit sales transaction a business conducts.
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